In the city of New York, small businesses and community essentials are slowly dying out and being replaced by big companies that have enough money to pay the New York rent. Personally, as a kid, I would always go to this small store by my house that would fix any damaged or stained clothes. The neighborhood loved the owners of this place but sadly, I remember walking up to it, and the building was under reconstruction. I waited 2 years to see if he was renovating the store, but it ended up being an office building that had no public use. What ends up happening because of this, is the demand for certain services increases, which makes stores pushing the prices through the roof. Not many people can afford these price jumps, which is the main reason for high amounts of poverty and homelessness in New York. One great argument that Dickinson’s text brings up, is that these small stores that are being replaced, had workers that were working for their family and living on paycheck to paycheck. When the store gets replaced, they are forced to look for a new job, in which that process could take several weeks. This is obviously plays a huge impact on their financial status. Their spots are being replaced by the upper class. Slowly, New York is going to be mainly a profit based area, with no value for public needs.
6 thoughts on “Blog 2 – Neoliberalism”
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I agree with you that poverty had already been a huge issue overall and that the economic struggles that neoliberalism caused is not helping it at all. You focus on the fact that there will no longer be room for the middle class anymore rather just a society of higher class people dominating. I definitely feel you on the part that you walk around your neighborhood and realize the stores you value the most growing up are no longer in business. This is why we need to stop more of this from happening and it is always easier said than done which is why we need everyone to be collectively fighting for the end of neoliberalism.
Hello Mohammed,
I agree with your point about how Not many people can afford this price jumps on rent, which is the main contributor to high amounts of poverty and homelessness in New York City. Personally from my experience, many of my family members had to leave NYC and move to New Jersey due to it being more affordable.
I totally agree with this because the same thing happened in my area but with multiple stores. It’s also sad to see that it rarely happens to white business owners. It mainly African Americans or hispanics. This has been a main problem in America and it doesn’t look like it will be fixed anytime soon.
I had the same thing happen to my neighborhood, and it especially sucks when you know the owners of said small business. Gentrification is a double-edged sword, in my opinion, the intent is great but not the execution.
I agree with you Mohamed because families who needs a stable job and can’t leave a job right away because business went down its going to be hard for them to pay next month’s rent. Business are not seeing the impact it might cause to employees. They just care about money and how money should be regulating every singe moment.
It is sad to see the replacement of many people’s jobs and often putting them in a crisis to get where they need to be is often very unfair and can lead us to think that if this is how it is suppose to be. Businesses just look for us to give them money in reality they don’t really care about us if we are being honest here.